EU authorities open two Apple antitrust investigations
LONDON — European Union regulators began two antitrust investigations today into Apple’s mobile app store and payment platform over concerns its practices distort competition, opening…
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UK unemployment expected to hit levels last seen in 1980s
LONDON — Unemployment in the U.K. is widely expected to hit levels not seen since the mid-1980s during the coming months as a result of…
Auto workers chief, prosecutor to discuss reforming union
DETROIT — The head of the United Auto Workers will meet this month with the U.S. attorney in Detroit to discuss potential changes for the…
BP takes $17.5 billion hit as pandemic accelerates emissions cuts
LONDON — Energy company BP is writing down its oil and gas assets by as much as $17.5 billion and will review its plans to…
EU leader wants to inject ‘fresh momentum’ in Brexit talks
BRUSSELS — The European Union’s top official said time has come to “inject fresh momentum” into post-Brexit negotiations to try and secure a trade deal…
Biz Buzz: Boutique opens in Dubuque; movie theater plots return; professional development program emerges
Biz Buzz shares business tidbits from around the tri-states each Monday. This week, we highlight developments in Dubuque. Five months after debuting as an online-only…
Your money: Adjustable rate mortgages might not be the deals you think they are
As tempting as it might be to save a few bucks a month by opting for an adjustable rate mortgage, consumers need to do their…
Fed says ‘full range of tools’ in play to counter pandemic
WASHINGTON — The Federal Reserve is promising to use its “full range of tools” to pull the country out of a recession brought on by…
US economist: Europe must ‘completely suppress’ virus
NICOSIA, Cyprus — There can be no real economic recovery in Europe unless governments “completely suppress” the coronavirus, a prominent U.S. economist said today. Jeffrey…
US long-term mortgage rates mostly steady; 30-year at 3.21%
WASHINGTON — Long-term U.S. mortgage rates were mostly steady this week, continuing to hover near all-time lows. Mortgage buyer Freddie Mac reported today that the…